Call reports 2024
EQUITABLE BANK — 2024
What EQUITABLE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 511,181,000 | 511,166,000 | 504,706,000 | 507,267,000 |
| Total loans | 448,344,000 | 452,196,000 | 445,618,000 | 455,095,000 |
| Allowance for loan losses | 6,027,000 | 6,027,000 | 6,027,000 | 6,027,000 |
| Securities available for sale | 28,754,000 | 23,997,000 | 30,340,000 | 28,357,000 |
| Securities held to maturity | 5,000 | 4,000 | 3,000 | 3,000 |
| Trading assets | 98,000 | 90,000 | 94,000 | 98,000 |
| Total deposits | 444,338,000 | 450,176,000 | 440,362,000 | 445,217,000 |
| Interest-bearing deposits | 392,345,000 | 396,101,000 | 391,438,000 | 390,669,000 |
| Noninterest-bearing deposits | 51,993,000 | 54,075,000 | 48,924,000 | 54,548,000 |
| Equity capital | 46,493,000 | 47,485,000 | 48,277,000 | 49,261,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 6,703,000 | 13,740,000 | 20,918,000 | 28,172,000 |
| Interest expense | 3,325,000 | 6,812,000 | 10,355,000 | 13,655,000 |
| Net interest income | 3,378,000 | 6,928,000 | 10,563,000 | 14,517,000 |
| Noninterest income | 1,171,000 | 2,467,000 | 3,725,000 | 4,975,000 |
| Noninterest expense | 3,686,000 | 7,383,000 | 11,423,000 | 15,232,000 |
| Provision for loan losses | 4,000 | 144,000 | 109,000 | -77,000 |
| Pretax income | 848,000 | 1,914,000 | 2,768,000 | 4,356,000 |
| Income tax | 198,000 | 415,000 | 635,000 | 1,021,000 |
| Net income | 650,000 | 1,499,000 | 2,133,000 | 3,335,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 45,655,000 | 46,567,000 | 47,263,000 | 48,316,000 |
| Total capital | 50,728,000 | 51,752,000 | 52,410,000 | 53,538,000 |
| Risk-weighted assets | 404,727,000 | 413,837,000 | 410,782,000 | 416,863,000 |